The Massachusetts House approved a plan to authorise historical horse racing terminals at Suffolk Downs and Raynham Park, according to the report. Casino operators and the Mashpee Wampanoag Tribe oppose the proposal, arguing that the terminals could weaken gambling protections and increase competition.
The proposal could alter competition and oversight for gambling businesses in Massachusetts.
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US horse racing stakes fell 6% in August compared with the same month a year earlier, citing Equibase. Total wagering reached $1.13bn.
A Massachusetts House bill would allow Suffolk Downs and Raynham Park to operate historical horse racing machines under licences issued to the former racetracks. The House passed its version of the economic development bill in July, but the Senate version omits the measure, leaving it for conference committee negotiations. Backers project $120 million in annual tax revenue by the machines’ third year, while casino operators dispute the forecast.
The plan sits in the House's economic development bill, which passed in July. Under it, Suffolk Downs and Raynham Park could operate HHR machines using licences that were earlier granted to the old racetracks. The Senate's version leaves out that provision, so lawmakers must settle it in a conference committee, The Boston Globe reported.
Lotería de Córdoba launched Córdoba Turf at the Clásico San Jerónimo in Córdoba, Argentina, according to a report. The platform offers online horse-racing betting, with access limited to adults aged 18 and over; the report said access is free.
Lotería de Córdoba has launched Córdoba Turf, an official online horse-racing platform for the Argentine province of Córdoba, according to a report. The platform was presented during the Clásico San Jerónimo at the Jockey Club de Córdoba. Access is free and limited to adults aged 18 and over.
European horse racing stakeholders have joined efforts against a potential EU-wide gambling tax. They have approached Ireland’s Minister of State for European Affairs Thomas Byrne and Minister for Finance Simon Harris during Ireland’s Council of the EU presidency.
Ireland’s government will retain the 2% betting tax and increase state funding for horse racing in 2027. The measures leave the betting tax rate unchanged while increasing support for racing.